Added Value Economics Research and Development Institute Association

Added Value Economics Research and Development Institute Association (in the following Added Value) is a not for profit, by registering,  non-governmental organization, institutionalized, charitable public benefit organization. Legislation defines the operating framework, has representation, administrator, control body.

Added Value is a voluntarily established, self-governing, completely transparent organization that has been established for research purposes, has a registered membership, and organizes the activities of its members to achieve its goals. The Institute is a research and knowledge-dissemination organisation (1).

Added Value is a founding member of Artificial Intelligence Coalition. It has also signed the Founding Declaration of the Artificial Intelligence Coalition initiated by the Ministry of Innovation and Technology to join forces with other industry players in promoting artificial intelligence-based application development. The research, development and practical application of artificial intelligence are innovative technology fields heavily contributing to economic growth (2).

The Institute’s main technological competences and research areas are: screens and display technologies, internet of things, artificial intelligence, advanced or high performance computing, data mining, big data, database management, augmented and virtual reality, visualization, simulation and modelling, software as a service and service architectures, cloud computing, ICT management, logistics and business systems, internet services (web development, web production, design, networking, and e-commerce), new media technologies. Added Value research interests cover virtually every aspect of economics.

The Institute is committed to open innovation. It’s office and it’s Hub in Füzesgyarmat and in Budapest offers “one-stop-shop” service – in cooperation with partner organisations in Hungary and abroad – for companies, organisations that are looking for practical solutions for their problems when new innovative methods and modern (often digital) technologies can increase the efficiency and reduce the environmental impact of industrial production.

More Information:

(i) Transparrenting:  (Hozáadott Érték)

(ii) Founding Member of Hungarian Artificial Intelligence Coalition:

Added Value’s Memberships:

  • Member of the European AI Alliance
  • Member of the European Association for AI
  • Member of the I4MS training Catalogue on Industry 4.0 +Ecosystem
  • Member of the PARSEC HUB Skills Catalogue
  • Member of Working Group 1. Finance and funding opportunities, DIHNET.EU project
  • Member of the European Cluster Collaboration Platform
  • Member of ELISE – European Location Interoperability Solutions for e-Government

Added Value’s Projects: (2015-2020)

  • Purchase of tangible assets for the administrative activity of the Added Value Association (Source: The Programme of National Cooperation Code: NEA-KK-15-M-0097)
  • Acquisition of tangible assets serving projects and the association, developing and supporting the activity (Source: The Programme of National Cooperation Code: NEA-KK-16-M-0358)
  • Acquisition of data storage, archiving capacity, and imaging improvement (Source: The Programme of National Cooperation Code: NEA-KK-17-M-0009)
  • Procurement of office equipment to support project implementation (Source: The Programme of National Cooperation Code: NEA-KK-18-M-0002)
  • Research incubator (artificial intelligence) -server tool procurement and related professional program project (Source: The Programme of National Cooperation Code: NEA-KK-19-Ö-V-0002)
  • Research and procurement of equipment to support digital innovation (Source: The Programme of National Cooperation Code: NEA-KK-20-O-V-0009)
  •  Digital Sensitization (with regard to DEP and the Hungarian MI Strategy) professional program and acquisition of assets (Source: The Programme of National Cooperation Code: NEAO-KP-1-2021/2-000067)

(1)    It means an entity (such as universities or research institutes, technology transfer agencies, innovation intermediaries, research-oriented physical or virtual collaborative entities), irrespective of its legal status (organised under public or private law) or way of financing, whose primary goal is to independently conduct fundamental research, industrial research or experimental development or to widely disseminate the results of such activities by way of teaching, publication or knowledge transfer. Where such entity also pursues economic activities the financing, the costs and the revenues of those economic activities must be accounted for separately. Undertakings that can exert a decisive influence upon such an entity, in the quality of, for example, shareholders or members, may not enjoy preferential access to the results generated by it. (Commission Regulation (Eu) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty Article 2. 83.

(2)    The AI Coalition aims to provide a permanent forum for cooperation between artificial intelligence (in the following AI) developers and AI users and contribute to the development of Hungary’s AI strategy.  The Hungarian AI Coalition initiative aiming to promote public-private partnership for industry-level AI development. It also sees a great potential in the development and deployment of AI technology that can boost the growth of the country, its businesses and enable us to provide an outstanding customer experience. New AI technologies help better understand customer needs and offer customized and optimized solutions in network and product development. As a result, the development of business intelligence and artificial intelligence technologies can make a valuable contribution to Hungary’s economic growth, a key ambition also for the AI Coalition.The aim of the AI Coalition is to support Hungary in the international competition and in becoming a reference point for the international AI community by defining the directions and framework of the AI-based developments. Furthermore the Coalition would like to strengthen the competitiveness of domestic businesses by the wide spreading and extensive application of AI with special attention to Hungarian start-ups and SMEs. Also, the Coalition will focus on the efficient, fair and regulated utilization of public data, which is an important advocacy topic for AmCham, included in last year’s Cooperation for a more competitive Hungary recommendation package. Hungary’s decision to formulate a national vision for AI comes as Brussels works to develop an EU-wide AI strategy in response to US and Chinese dominance in this sector. In addition to formulating a national strategy, the Coalition is studying the social and economic effects of AI on society as this technology becomes increasingly more important in the global market.  Clearly, the role of AI in marketing, politics, and labour are hot-button issues for business and government leaders around the world.